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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: M.R. Davis who wrote (22396)1/19/1999 3:15:00 PM
From: M.R. Davis  Read Replies (1) | Respond to of 120523
 
Info on NVDC warrants:
NAVIDEC, Inc. '02 NVDCW OTC 2.375/ 2.500 1.375M 63934Q119
Underlying Securities: NVDC OTC 9.375/ 9.438 3.200M Stock
On Exercise: Current -02/11/02 send:
7.200 US$ to receive: 1.000 NVDC
Call Terms: Current -02/11/02 Callable for 0.01 US$ if NVDC CBid 8.40 US$ for 20/30 bdays

Mark



To: M.R. Davis who wrote (22396)1/19/1999 7:02:00 PM
From: Dave Gore  Respond to of 120523
 
NVDCW expire Feb, 2002, entitle you to one common share at $7.20 but I am a bit concerned because they are callable in another 10 days if the common stays above $8.40 at the close (and the company WANTS to call them), which might hurt their value or force you to convert to common. Also there is some question whether the stock is involved in the IPO that it was purported to be earlier. Better do DD on this b4 buying.